March 2017 – New Small Business Tax concession – Plan Now!

You don’t have long to take advantage of an important tax succession aimed at small business.

The government announced a major tax concession in its May 2016 budget, which is expected to expire on 30 June 2017. Michael Jones of Cummings Flavel McCormack explains how a $20,000 asset purchase can be tax deductible for businesses with turnover of $10m or less.